Central Bank of Lesotho CBL
Supervises
BankingNBFC / Non-bank LendingInsuranceCapital MarketsAsset & Wealth ManagementPayments & Fintech
Source pages
Who they are
Lesotho's central bank, whose principal objective under the Central Bank of Lesotho Act of 2000 is to achieve and maintain price stability.
What they do
Sets and executes monetary policy, supervises financial institutions, manages foreign reserves and exchange control and issues currency. It also acts as Commissioner of Financial Institutions and Registrar of Capital Markets, and as the Insurance Act's Commissioner. It supervises banks and licensed accountable institutions for AML/CFT compliance and publishes the Acts and Regulations it administers on its legislation page.
Key laws & regulations issued
- Rule Money Laundering (Administrative Sanctions) Rules, 2023 (Legal Notice No. 12 of 2023) 2023
- Act Pension Funds Act, 2019 (Act 5 of 2019) 2019
- Regulation Payment Systems (Issuers of Electronic Payment Instruments) Regulations, 2017 (Legal Notice No. 30 of 2017) 2017
- Regulation Financial Institutions (Anti-Money Laundering and Combating of Financing of Terrorism) Regulations, 2015 (Legal Notice No. 77 of 2015) 2015
- Regulation Financial Institutions (Money Transfer) Regulations, 2014 (Legal Notice No. 14 of 2014) 2014
- Act Insurance Act, 2014 (Act 12 of 2014) 2014
- Act Payment Systems Act, 2014 (Act 11 of 2014) 2014
- Act Financial Institutions Act, 2012 (Act 3 of 2012) 2012
Enforcement by this regulator
Latest news
No news tagged to this regulator yet.